President Joko “Jokowi” Widodo Monday (01/03) officially opened this year’s stock trading at the Indonesia Stock Exchange (IDX). “Chairperson of the OJK has pointed out there was an increase in the Indonesian Composite Index (IHSG) in 2021 with a return of 10.1 percent. This is a relatively high number,” the President said in his remarks. The […]

President Joko “Jokowi” Widodo has issued Presidential Decree Number 24 of 2021 on Determination of the Factual Status of the COVID-19 Pandemic in Indonesia, stipulated in Jakarta on 31 December 2021. “The COVID-19 pandemic, a global pandemic according to WHO’s statement, is factually still happening and has not ended in Indonesia,” the first dictum of […]

Chairperson of the COVID-19 Handling Task Force Suharyanto, Saturday (01/01), signed Decree Number 1 of 2022 on Entry Points, Quarantine Facilities, and RT-PCR Obligations for Indonesian Citizens Traveling Abroad. The issuance of this new decree is a follow-up to the development of COVID-19 handling. Thus, the Government deemed it necessary to adjust the control mechanism […]

On the first day of year 2021, Cabinet Secretary Pramono Anung thanked the nation for surviving the 2021, which he said a year replete with challenges. “I hope everything we went through in 2021 will drive us to do self-improvement in 2022,” he said in his 2022 New Year greetings, Saturday (01/01). According to him, […]

Indonesia, through state-owned train manufacturer PT Industri Kereta Api (INKA), has sealed deal to export 262 container flat top wagons to New Zealand. Minister of Transportation Budi Karya Sumadi visited the PT INKA office in Madiun, East Java province, Friday (12/31) to witness the symbolic release of the first phase of the export. Budi expressed […]

Minister of Finance Sri Mulyani Indrawati has affirmed commitment of the Government and state-owned enterprises (SOEs) to manage state capital injections (PMN) in an accountable and transparent manner by including Key Performance Indicators (KPI) in each performance contract between SOEs / PMN recipient institutions and related ministries. “I want to create a new tradition that […]

The Selection Committee for candidates of Board of Commissioners members of the Financial Services Authority (OJK) has announced the registration and selection period to the public. “We invite the country’s best individuals with integrity, competence, and professionalism to take part in the selection process for the members of Board of Commissioners of the OJK for […]

The villages have served as a buffer for the national economy during the COVID-19 pandemic in the last two years, Minister of Villages, Disadvantaged Regions, and Transmigration Abdul Halim Iskandar has said. According to the Minister, it is supported by several indicators, such as an increase in villagers’ income per capita, the open unemployment rate […]

  The Financial Services Authority (OJK) has recorded that the stability of the financial services sector until the end of 2021 is maintained. This went hand in hand with improved performance of the banking intermediation function and fundraising in the capital market. Furthermore, the well-controlled COVID-19 pandemic has also become a factor that makes mobility […]

The Government has announced several measures to expand microcredit program (KUR) for Micro, Small and Medium Enterprises (MSMEs). “The program is pivotal in speeding up economic recovery amid COVID-19 pandemic so it is necessary to increase the loan ceiling and simplify the requirements,” Coordinating Minister for Economic Affairs Airlangga Hartarto said, Wednesday (12/29). For the […]